The typical/expected market impact of this event is low.
The consensus forecast for Jibun Bank Services PMI is 52.3. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Jibun Bank Services PMI was 52.3.
Recent economic data has been strongly bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Jibun Bank Services PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Large Retailer Sales | Bullish change | -1% | 1.4% | ||
| Retail Trade (YoY) | Bullish change | 0.6% | 4% | ||
| Retail Trade s.a (MoM) | Bullish change | -3.9% | 2.4% | ||
| Tokyo Consumer Price Index (YoY) | Bullish change | 1.8% | 1.9% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bullish change | 1.8% | 2% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bullish change | 1.7% | 1.8% | ||
| Unemployment Rate | Bullish change | 2.5% | 2.4% | ||
| National Consumer Price Index (YoY) | Bullish change | 1.6% | 1.9% | ||
| National CPI ex Food, Energy (YoY) | Bullish change | 1.7% | 1.8% | ||
| National CPI ex Fresh Food (YoY) | Bullish change | 1.6% | 1.8% | ||
| Adjusted Merchandise Trade Balance | Bullish change | ¥-927.1B | ¥-686B | ||
| Exports (YoY) | Bullish change | 19.3% | 23.2% | ||
| Imports (YoY) | Bullish change | 25.4% | 27.8% | ||
| Merchandise Trade Balance Total | Bearish change | ¥-409.9B | ¥-634.5B |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |